A recent report published by Infinium Global Research on automotive dyno market provides an in-depth analysis of segments and sub-segments in the global as well as regional automotive dyno market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional automotive dyno market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global automotive dyno market. According to the report, the global automotive dyno market is projected to grow at a healthy CAGR over the forecast period of 2019-2025.
An automotive dyno is a type of test equipment used in the automotive industry for measuring and recording mechanical parameters such as force, power, speed, and torque of a vehicle. Engine dyno and chassis dyno are primarily two types of dynamometers used in the automotive industry. The engine dyno is used for the engine testing function and it measures the power and torque directly from the engine, whereas chassis dyno used to measure the output of the same at drive wheels. They are also used for measuring rotational speed, accelerations of rollers, resistance generated by electromagnetic brakes, fuel consumption and emissions. Automotive dyno also finds application in computing Air to Fuel Ratio (AFR) of a mixture, Exhaust Gas Temperature (EGT) and Manifold Absolute Pressure (MAP).
The growing automotive industry across the world is the major driving factor for the automotive dyno market. Furthermore, factors such as accuracy of the measurement, high repetitiveness, and capital-intensive nature of testing facilities and dynamometer machines are other driving factors for the market. In addition to being used to determine the torque or power characteristics of a machine under test, the automotive dyno is employed in several other roles. Dynamometers are useful in the development and modification of modern engine technology. However, chassis dynamometers may give rise to incorrect inertia loading of the vehicle owing to large intervals in inertia weight that restrains the market growth. Moreover, increasing automotive industry in the Asia-Pacific region expected to provide growth opportunities to the market players.
Geographically, Asia-Pacific dominates the global automotive dyno market owing to the growing automotive market in countries, such as India, China, and Japan. Europe is the second-largest market for automotive dyno due to rising demand from countries such as Germany, Italy, and France. The growing consumer awareness regarding the benefits of chassis dynamometers over other dynamometers is driving the market growth in North America.
The report on global automotive dyno market covers segments such as type, and applications. On the basis of type, the sub-markets include engine dyno, chassis dyno, and other types. On the basis of applications, the sub-markets include automotive OEM, and automotive aftermarket.
The report provides profiles of the companies in the market such as Horiba, Ltd., AVL, Meidensha Corporation, Rototest, MTS Systems Corporation, National Testing Service, SuperFlow Dynamometers & Flowbenches, Schenck AccuRate, Incorporated, SGS S.A., Sierra Instrumentation & Controls, and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of automotive dyno market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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